Issue Sheet (59)
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City of Smyrna Issue Sheet File Number: A Max Bacon City Hall 2800 King Street Smyrna, GA 30080 1 5 9 9 Agenda Date: 7/20/2026 In Control: City Council File Type: Presentation Agenda Section: Formal Business Department: Finance Agenda Title: Public Hearing for the 2026 Millage rate; there will be no vote on this item. Citywide ISSUE AND BACKGROUND: The FY27 budget approved by Council includes revenue projections for property taxes based on a millage rate of 8.99 mills. This hearing is the second of three required public hearings prior to the formal adoption of the 8.99 millage rate. The City received the 2026 tax digest information from Cobb County on June 18, 2026. Based on that data, the calculated rollback millage rate is 8.834 mills. Rolling back to 8.834 mills allows the City to avoid advertising a tax increase. For comparison, last year’s rollback millage rate was 8.936 mills. All required public notices were published in the Marietta Daily Journal on July 4 and 5, 2026, and were again published on July 11 and 12, 2026. A press release was sent to the Marietta Daily Journal on June 29, 2026, and the information is posted on the City’s website. This hearing is the second of the three required public hearings. The first public hearing was held on Monday, July 13, 2026 at 6:00 PM. The third and final public hearing and adoption will be at the July 20, 2026 Mayor and Council meeting at 7:00 PM. RECOMMENDATION / REQUESTED ACTION: This is the second Public Hearing for the 2026 Millage rate; there will be no vote on this item.